Comportamiento de la inversión pública en Ecuador y su repercusión en el crecimiento económico, periodo 2008 – 2017.

Abstract

There are several factors that infer in the economic growth of a country, within which, the present work will be focused on public investment. We seek to detail how this variable is developed together with the increase in production to verify its behavior through the analysis of available data and segmented regressions. The results show that the variable public investment with respect to economic growth in Ecuador, in the first six years of study has a positive relationship, while consequently the following five years diminishes the effect and the relationship becomes negative. Usually, public investment involves the formation of productive capital, which is a factor that generates employment, which in turn encourages consumption and private investment; that is why it is possible that a variation of this variable would generate a change in the economic structure, there are even indirect effects involved, since public investment covers different areas, be it road, health security, education, and other services that benefit to the citizens; therefore, a significant change is likely to occur through the assurance of social development.